A Note From Ilona

Lately, I’ve been having a lot of conversations with homeowners who are thinking about updating their spaces. Not necessarily because they’re preparing to move, they are simply looking for a refresh.

And it struck me how often the decision to renovate comes down to two things: clarity and timing.

Clarity about what’s worth doing… and timing around when (or if) a move might happen.

This month’s newsletter is meant to support that clarity, with honestly and without pressure. Whether you’re refreshing your home for your own enjoyment or thinking about future resale, I hope this brings a bit of direction.

Feature Insight

Renovations That Actually Pay Off (And the Ones That Don’t)

If you’re considering updates, you’re not alone. Many Calgary homeowners are reevaluating where to invest, especially with buyers becoming more value-driven.

Here’s a practical, honest breakdown of what tends to add the strongest return, and what doesn’t.

Updates That Usually Add Value

✔ Light, modern kitchen refreshes. Quartz counters, neutral paint, updated lighting, and clean hardware go a long way.

✔ Consistent flooring. Buyers love cohesion. Mismatched flooring is one of the biggest turnoffs.

✔ Contemporary lighting. It’s affordable, high-impact, and one of the fastest ways to modernize a space.

✔ Refreshed bathrooms. New vanity, updated tile, clean shower glass. Not extravagant, just clean and cared for.

Updates That Often Don’t Pay You Back

✘ Highly specific design choices. Bold tile, ornate fixtures, wallpaper that suits only one taste.

✘ “Half-renos” that highlight what wasn’t done. A new kitchen + original bathrooms. Buyers notice immediately.

✘ Spending beyond the neighbourhood ceiling. Beautiful work doesn’t always guarantee a higher sale price.

✘ Costly outdoor features. Built-in grills, pergolas, elaborate stonework. Lovely lifestyle additions but rarely ROI-positive.

Where the Real Value Is

Buyers consistently respond to homes that feel:

clean

bright

neutral

cohesive

well-maintained

The best ROI rarely comes from the most expensive renovation, it comes from balance and intention.

Thinking of updating your home?

A quick 15-minute conversation can save you thousands in the long run. I’m always happy to give clear, honest input before you make any decisions.

Click here to Ask Ilona What’s Worth Updating

Market Pulse

As we move into the winter months, the market is slowing down a little, which is completely normal for this time of year.

Inventory is higher than usual

Seasonal slowdown aside, we’re still sitting above typical November levels, mostly in apartments and row homes. Detached and semi-detached homes, on the other hand, are sitting in fairly balanced conditions across most communities.

Prices are adjusting in the higher-density segments

Apartment prices are down compared to last year

Row homes are also seeing year-over-year price declines

Detached homes have dipped slightly, but still sit higher on a year-to-date basis

Across the city, the benchmark price in November was $559,000.

What this means for homeowners

Buyers currently have more choice in the apartment and row-home markets. Detached properties remain steadier, with balanced conditions and more predictable pricing.

If you’re thinking about selling next year, a little early planning can go a long way. Even small updates or timing adjustments can make a noticeable difference in a shifting market.

Featured Homes

Bright, open, and thoughtfully designed, this 2-bed, 2.5-bath townhouse in Auburn Bay offers easy, comfortable living with a smart layout and an oversized single garage. Conditionally Sold

This 2-bed, 2-bath condo offers a smart layout, a large private deck, and the comfort of in-floor heating. It’s a foreclosure and does need renovation, but the potential is undeniable for anyone looking to create their own space.

Community & Micro-Events

Connection is at the heart of what I do.

Here’s what’s coming up:

Skate & Donate — Dec 31 at Jack Setters Arena

A family-friendly “Skate & Donate” event with warm drinks, community fun, and a simple way to give back.

Register here

Fireside Q&A – “Ask Me Anything” (Winter 2026)

A warm, intimate conversation with a small group of homeowners. Real questions, real clarity, no pressure.

Coffee & Home Maintenance (Winter/Spring)

A relaxed drop-in morning with coffee, conversation, and quick seasonal home-maintenance tips.

Plant Share / Seed Exchange (Spring)

A simple, joyful way to swap greenery, meet neighbours, and welcome the growing season.

If you’d like to join or be notified about these, reply anytime, I’d love to include you.

Things to Do in Calgary This Month

A curated, easy-to-enjoy list of local events and little moments worth exploring.

Winter Walks & Warm Drinks

Bundle up, grab your favourite coffee, and enjoy one of Calgary’s quieter winter pathways. The river paths and local park feel especially peaceful this time of year.

Outdoor Skating - various locations

A classic Calgary winter experience. Twinkling lights, fire pits, open air, and that nostalgic seasonal feel.

Glow Calgary – Light Festival

A family-friendly indoor winter light experience that’s perfect for an easy outing.

Theatre or Concert Night

From Alberta Ballet to Arts Commons performances, winter is the perfect season for a cozy cultural evening.

Local Maker Markets & Holiday Pop-Ups

Handmade candles, pottery, and small-batch treats. December markets are full of thoughtful finds.

For a full list of dates and events happening across Calgary this month, you can explore:

Visit Calgary – Events Calendar

Avenue Calgary – Monthly Event Guide

Thank you for Reading

Whether you’re planning a move soon or simply want to stay one step ahead, I’m here when you need me, with clarity, honesty, and a calm approach to the market.

Ilona Drost, your Calgary and Area REALTOR®